GBP/USD Weekly Outlook 13 -17 December 2010

Forex Trading GBP/USD Weekly Outlook 13 -17 December 2010 GBP/USD Weekly Outlook GBP/USD edged higher to 1.5860 last week and broke near term falling trend line as well as 1.5838 resistance. Upside momentum is not too convincing still. But after all, another rise remains in favor as long as 1.5655 minor support holds. Fall from 1.6298 is likely finished with three waves down to 1.5484 already